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Questions and StoriesCategory: QuestionsAre Moving Averages Effective in Higher Time Frames?
12 Answers
Kenneth Ogbonnaya answered 2 months ago

I think moving averages is very effective in all forex time frame.

Eli Davis Keinamura replied 1 month ago

You can only use moving averages on long time frames while the market is trending.

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Nnaemeka Victor answered 2 months ago

Hi Kenneth,  how can it be used in Higher time frames especially daily and weekly? I would like to use it on my chart

Eli Davis Keinamura replied 1 month ago

You use it when short moving average crosses long term moving average,when short term crosses long term to above is uptrend and vice versa.

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Nnaemeka Victor answered 2 months ago

Also what are the configurations of the moving averages that are needed for successful trading with higher time frames?

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Edward Duffy answered 2 months ago

There are articles on this site about moving averages and this is the basis for bollinger bands that the team use on their charts. Find the articles on bollinger bands and there is also an article explaining MACD.
Hope this helps

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Kenneth Ogbonnaya answered 2 months ago

Moving averages is effective in all time frame.

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Leno Jean Pierre answered 2 months ago

Place take a look in the archive there are several articles about moving averages. It can help you to better understand how to use it to make a profit.

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Kenneth Ogbonnaya answered 1 month ago

Moving average is effective in all time frame… Because it can make you to be where others are progressing positively

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Eli Davis Keinamura answered 1 month ago

Moving averages are only effective on long time frames . you cannot trade moving averages on 5,15,30 and 1hour time frames and be successful.

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Eli Davis Keinamura answered 1 month ago

While trading  with moving averages,you should know which type of moving averages to use ie simple or exponential moving ,each type has its own advantages and disadvantages

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Ahmad Khasan answered 1 month ago

Moving average is effective in any timeframe when the market is trending. But, when the market is in choppy state, then mobing average will be no use.

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Kenneth Ogbonnaya answered 1 month ago

Moving averages is a good trading indicator. I think putting 20 moving average indicator works in all time frame, but, our mentor said that monthly time frame is the king, so I believe that using the moving indicator in higher time frame will work better.

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Edward Duffy answered 1 month ago

I am led to believe that they are.

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